主题:del -- MRandson
when I was back to Shanghai. I notice that there has been little difference in terms of food price between Shanghai and second-tier east-coast US cities. I mean processed food or restaurant food. Raw material, such as rice, was still cheaper then in China due to strict gov. control.
But service is still much more expensive in US than in China.
Hyper inflation is going to change that soon.
Global convergence of goods price has been reached since there is almost perfect free movement of goods and very low transaction costs between the U.S. and China.
But global salary divergence persists because there is no free movement of labor at all between the U.S. and China.
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🙂前段时间w大师的偶像不还是奥巴马么转向真快 水立方 字19 2010-11-19 20:33:12
🙂my fear too 收准备金。对小企业来讲,又是一场 3 parishg 字175 2010-11-19 12:30:16
🙂On the other hand 7 大山猫 字210 2010-11-19 12:36:12
🙂two years ago
🙂Next time... 1 发了胖的罗密欧 字161 2010-11-20 07:13:44
🙂then you only get the 1 parishg 字341 2010-11-20 09:13:19
🙂You're right, but 1 发了胖的罗密欧 字1567 2010-11-20 10:15:41
🙂I see your point 7 parishg 字2258 2010-11-20 11:52:57